Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
17:43

Stellar RWA Assets Exceed $3B While DeFi TVL Stands at $213M, RedStone July Report Shows

According to RedStone's latest report, Stellar's tokenized real-world assets (RWA) surpassed $3 billion in July, while the network's DeFi total value locked (TVL) stood at only $213.2 million, highlighting a significant gap between RWA supply and on-chain lending demand. DefiLlama data shows Stellar's TVL at $232.72 million, with lending protocol Blend accounting for $150.03 million. However, capital pools accepting RWA as collateral hold just $2 million. RedStone noted that mismatched settlemen
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XLM-4.95%
RED-3.70%
BLEND-2.17%
17:43

TRUMP Memecoin Surges 20% to $705M Market Cap as Public Citizen Reports $4.7B Investor Losses

According to Bitcoin.com News citing Public Citizen, Donald Trump's TRUMP memecoin surged over 20% on Friday to reach a $705 million market cap, briefly approaching $2.93. The jump coincided with the nonprofit organization's release of a report estimating investor losses in Trump-linked crypto products at $4.7 billion, citing Trump's $1.4 billion in crypto profits from 2025. Public Citizen claims Trump and his family still control the ventures, a conflict of interest that has stalled the Republi
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TRUMP1.30%
17:37

Trump Trades Coupang Shares in June Amid Conflict-of-Interest Questions

According to a disclosure filed with the U.S. Office of Government Ethics on August 28, President Donald Trump traded Coupang Inc. common shares twice in June 2026. The filing revealed Trump conducted a total of 1,051 stock transactions during the disclosure period, with Coupang appearing in at least two of these transactions.
17:36

HIVE Mined 1,004 Bitcoin in Q1 2027, Up 147% as Hashrate Triples to 24 EH/s

According to TheStreet, HIVE Digital Technologies mined 1,004 Bitcoin in its fiscal first quarter ended June 30, 2026, up 147% from 406 BTC in the same period a year earlier. At Bitcoin's current price of approximately $77,480, the quarterly output was worth roughly $78 million. The surge was driven almost entirely by hashrate growth, with HIVE's average operational hashrate climbing to 24.0 exahash per second, nearly triple the 8.7 EH/s recorded a year earlier.
BTC-3.44%
17:34

Treasury Secretary Bessent Defends Yen Intervention, Citing Risk to U.S. Interest Rates

U.S. Treasury Secretary Scott Bessent defended recent currency interventions on Friday, arguing that yen market volatility could transmit to the United States and push up American interest rates. Bessent stated that yen market disorder may trigger forced liquidations, disrupting global markets and raising borrowing costs for U.S. households and businesses. He declined to disclose the specific dollar amount deployed in the intervention, noting only that existing yen-denominated foreign currency a
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17:31

U.S. Judge Blocks Pentagon Anthropic Blacklist, Rules First Amendment Violation on Aug. 27

On Aug. 27, U.S. District Judge Rita Lin of the Northern District of California issued a 59-page permanent injunction blocking the Department of Defense from enforcing its "supply chain risk" designation against Anthropic. Lin ruled the Pentagon's measures violated the First Amendment and Fifth Amendment, constituting unlawful retaliation for the company's public criticism of the government's contracting terms. The order permanently prevents the Trump administration from enforcing the ban.
17:31

trade.xyz and Hyperliquid Submit Comments to CFTC, Urge Regulated U.S. Market Pathway for Energy Perpetual Contracts

According to trade.xyz, the company and Hyperliquid jointly submitted comments to the U.S. Commodity Futures Trading Commission, urging the establishment of a regulated U.S. market pathway for energy perpetual contracts and 24/7 trading. The companies noted that during recent crude oil market disruptions, their energy markets remained open while traditional benchmark markets closed, with trade.xyz emerging as a primary price discovery venue on multiple weekends. Trade.xyz stated that its WTI cru
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HYPE-4.52%
17:30

BlackBerry Stock Doubles in 2026 as Company Shifts to Automotive and Robotics Software

According to CNBC, BlackBerry's stock price has doubled this year as investors reward the company's strategy to focus on critical software for cars and secure communications. The company's QNX operating system business, which powers embedded software for vehicles, is now embedded in 275 million cars globally and serves as a foundation for autonomous driving features. CEO John Giamatteo said the company sees greater growth potential in physical AI applications such as robotics and autonomous syst
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17:27

U.S. Bitcoin Hashrate Share Falls 0.823% from Q1 to Q3, Russia and China Gain Ground

According to hashrateindex.com, U.S. Bitcoin hashrate share fell 0.823% between Q1 and Q3 2026, declining from 37.523% to 36.7%, while Russia and China each expanded their mining share despite global hashpower losses. Russia's share grew from 16.417% to 17.2% despite losing 13 EH/s, while China's share increased from 11.276% to 12.2% even as the country's hashrate dropped 10 EH/s. Bitcoin's total computational power declined from above 1,000 EH/s in Q1 to 892.35 EH/s as of August 27. Meanwhile,
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BTC-3.44%
17:25

Abu Dhabi Sheikh Tahnoon's Group Backs 49% Stake in Trump-Linked World Liberty Trust Bank

According to Wall Street Journal reporting on recent regulatory filings, Sheikh Tahnoon bin Zayed Al Nahyan's investment group holds 49% of WLTC Holdings, the parent company behind World Liberty Financial's proposed US trust bank. An entity affiliated with US President Donald Trump's family owns a further 38% stake. The Office of the Comptroller of the Currency granted preliminary conditional approval to World Liberty Trust Company on Aug. 14. If it receives final OCC approval, the trust bank wo
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WLFI-3.09%
USD10.01%
17:25

Abu Dhabi Royal-Backed Group Holds 49% Stake in World Liberty Trust Bank, OCC Grants Preliminary Approval

According to the Wall Street Journal, World Liberty Trust Company received preliminary conditional approval from the Office of the Comptroller of the Currency on Aug. 14. Sheikh Tahnoon bin Zayed Al Nahyan's group, through StringZ Holding RSC, owns 49% of WLTC Holdings, while an entity affiliated with US President Donald Trump's family holds 38%. If approved, the trust bank would manage the issuance, redemption, and custody of World Liberty's USD1 stablecoin under federal supervision.
USD10.01%
17:22

Fed Chair Warsh Calls AI a 'Hinge Point in History,' Notes $100B Annual Token Sales Hit 500% Growth

At his Jackson Hole keynote, Federal Reserve Chair Kevin Warsh dedicated a section to artificial intelligence, calling the current moment a 'hinge point in history.' Warsh stated that annualized token sales at the two leading AI labs now exceed $100 billion, representing a more than 500% increase from a year earlier. The Fed now treats AI as 'potentially a new factor of production,' meaning token consumption could affect how much the economy can produce without overheating—a key variable for mon
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17:22

USS Roosevelt to Deploy to Middle East for 7-Month Mission, Replacing USS Washington

According to U.S. Navy officials on August 27, the USS Roosevelt will deploy to the Middle East within weeks to replace the USS Washington, which is already stationed in the Arabian Sea. The deployment mission will last at least seven months. Meanwhile, the USS Lincoln, which had been deployed for over 200 days, is heading toward Thailand. Thailand's Defense Ministry confirmed on August 26 that the USS Lincoln will dock at a Thai port next week for rest and maintenance.
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17:21

Polish Olympic Committee Head Charged in Zondacrypto Probe on Thursday

According to Poland's Justice Minister Waldemar Żurek, prosecutors charged Radosław Piesiewicz, president of the Polish Olympic Committee, on Thursday in connection with the Zondacrypto investigation. Piesiewicz faces two charges under Poland's Penal Code involving allegations of influence peddling and favoring certain creditors during insolvency proceedings. According to local media, allegations include that Piesiewicz recovered all his invested funds from Zondacrypto while thousands of other c
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17:18

Gold Rallies 15% Through August, Holds Near $4,600 on US Debt Concerns

According to Fawad Razaqzada, market analyst at FOREX.com, gold has rallied 15% through August and currently trades around $4,601.60 per ounce on growing concerns over U.S. government debt. The U.S. Treasury's announcement to increase long-dated bond purchases to reduce borrowing costs has stabilized the yield curve, though the dollar debasement trade remains supported. Technically, gold has broken above the 50-day and 200-day moving averages, with near-term resistance at $4,655–$4,700. Key supp
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17:18

Bitcoin Gained $14,264 in a Week, Galaxy Says Next Bottom Signal Is Close

According to Galaxy Research, in the week ending Aug. 23, Bitcoin gained $14,264 to close at $77,387, marking a 22.7% weekly gain and its largest-ever weekly dollar move. Bitcoin subsequently rallied to $81,000, a three-month high, before easing back to the $79,000 region. Galaxy Digital's research team identified a critical technical level: Bitcoin's 50-week moving average now sits near $82,470. Historically, in 11 of 13 completed bear markets since 2011, a weekly close above this average confi
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BTC-3.44%